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The latest announcement is out from ParaZero Technologies Ltd. ( (PRZO) ).
ParaZero Technologies Ltd. announced on February 20, 2025, that it will hold a Special General Meeting of Shareholders on March 27, 2025. The agenda includes the election of a new director, amendments to compensation terms for the Executive Chairman, and approval of Restricted Share Units (RSUs) for the CEO and non-executive board members. Additionally, the company has opted to exempt itself from the Israeli Companies Law requirement to have external directors, relying instead on Nasdaq’s rules for board independence. This strategic move aligns with their compliance with Nasdaq regulations and aims to maintain a high level of independent oversight.
More about ParaZero Technologies Ltd.
ParaZero Technologies Ltd. operates in the technology industry, focusing on providing drone safety solutions. The company is known for its advanced parachute systems designed to enhance the safety and reliability of drones in various sectors, including commercial and industrial applications. It targets markets where drone safety is critical, such as urban air mobility and unmanned aerial vehicle operations.
YTD Price Performance: -43.13%
Average Trading Volume: 9,411,151
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.78M
Find detailed analytics on PRZO stock on TipRanks’ Stock Analysis page.
